Retort Pouch Market Size, Share & Trends Analysis Report By Material (PP, PE, PA), By Packaging Type (Stand-up, Flat), By Closure Type (Tear Notch, Zipper, Spout), By Application, By Region, And Segment Forecasts, 2023 - 2030
Retort Pouch Market Size, Share & Trends Analysis Report By Material (PP, PE, PA), By Packaging Type (Stand-up, Flat), By Closure Type (Tear Notch, Zipper, Spout), By Application, By Region, And Segment Forecasts, 2023 - 2030
Retort Pouch Market Growth & Trends
The global retort pouch market size is anticipated to reach USD 7.89 billion by 2030, expanding at a CAGR of 6.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Growing demand among consumers for semi-cooked food and ready-to-eat meals, owing to their busy lifestyles, is expected to increase the demand for retort pouches over the forecast period. In addition, the growing pet food market is also expected to favor the market growth over the coming years.
A retort pouch is a flexible, multi-layered metal-plastic laminate structure that is able to withstand the thermal process used for sterilization and is widely used for the sterile packaging of food, pet food, and beverages, among others. In addition, retort pouches also ensure lesser heat exposure, thereby retaining the taste and nutritional value of the food products.
Based on material, the retort packaging market has been segmented into polypropylene, polyamide, polyethylene, PET, aluminum foil, and others. Retort pouch is a multi-layered structure that is generally made from three or four ply laminates, with the inner layer usually made from polypropylene material. Polypropylene is a robust and tough material that provides strength and flexibility to the pouch.
Stand-up pouches packaging type segment is likely to augment at a growth rate of 6.9% over the forecast period, owing to their overall aesthetic appeal. In addition, growing demand for stand-up pouches with several value-added features such as zippers, tear notch, and spout is further expected to augment the growth of this segment over the coming years.
Food was the largest application segment in 2018 and is likely to continue its dominance over the forecast period. Retort pouch is used for various food items including meat, seafood, poultry, and baby food among others. Growing demand for ready-to-eat meals as well as ready-to-cook food products is likely to augment the demand of this segment over the forecast period.
Retort Pouch Market Report Highlights
Based on material, the market for retort pouches has been segmented into polypropylene, polyethylene, polyamide, polyethylene terephthalate (PET), aluminum foil, and others.
The polypropylene segment accounted for the largest revenue share of 37.4% in 2022 in the retort pouch market. Polypropylene acts as a sealing layer and provides flexibility and strength to the pouch.
In terms of application, the market has been segmented into food, beverages, pet food, and others. The food segment accounted for the largest revenue share of 54.9% in 2022.
Based on the closure type, the global market has been segmented into tear notch, zipper, and spout. The zipper segment accounted for the largest revenue share of 40.2% in 2022.
Asia Pacific dominated the market and accounted for a revenue share of 33.6% in 2022. Moreover, the region is expected to expand at the fastest CAGR of 7.1% during the forecast period.
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